56277 Zip Code

April 19, 2024

Zip Code:	56277
City/Town:	Olivia
State:	Minnesota

Population:	3,191
Per Capita Income:	$22,167
Mean Household Income:	$50,639

Total Housing Units:	1,312
Median Home Value:	$68,200
Median Year Homes Built:	1957

Land Area:	107.0 sq miles 277.0 sq kilometers
Water Area:	0.0 sq miles 0.1 sq kilometers

Population Information (56277 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

3,191

Male:

1,582

49.6%

49.2%

Female:

1,609

50.4%

50.8%

Median Age:

41.2 yrs

37.2 yrs

Under 5 years:

202

6.3%

6.5%

5 to 9 years:

205

6.4%

6.6%

10 to 19 years:

434

13.6%

13.8%

20 to 29 years:

364

11.4%

13.8%

30 to 39 years:

351

11.0%

13.0%

40 to 49 years:

418

13.1%

14.2%

50 to 59 years:

480

15.0%

13.6%

60 to 69 years:

307

9.6%

9.4%

70 to 79 years:

222

7.0%

5.4%

80 years and over:

208

6.5%

3.7%

Housing Information (56277 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$68,200

$119,600

Median year homes build:

1957

1971

Median real estate taxes:

$624 / yr.

$1,334 / yr.

Median rent:

$343 / mo.

$519 / mo.

Total households:

1,312

Family households:

859

65.5%

66.4%

Nonfamily households:

453

34.5%

33.6%

Households with individuals under 18 years:

386

29.4%

33.4%

Households with individuals 65 years and over:

370

28.2%

24.9%

Average household size:

2.3

Average family size:

2.9

Total housing units:

1,432

Occupied housing units:

1,312

91.6%

88.6%

Vacant housing units:

120

8.4%

11.4%

For rent:

3.8%

3.1%

Rented, not occupied:

0.3%

0.2%

For sale only:

0.9%

1.4%

Sold, not occupied:

0.5%

0.3%

For seasonal, recreational, or occasional use:

0.7%

3.5%

All other vacants:

2.2%

2.8%

Homeowner vacancy rate:

1.3%

2.4%

Rental vacancy rate:

12.9%

9.2%

Owner-occupied housing units:

943

Population in owner-occupied housing units:

2,349

Average household size of owner-occupied units:

2.5

2.65

Renter-occupied housing units:

369

Population in renter-occupied housing units:

722

Average household size of renter-occupied units:

2.0

2.44

Educational Attainment (56277 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

2,226

Less than 9th grade:

225

10.1%

6.2%

9th to 12th grade, no diploma:

252

11.3%

8.7%

High school graduate (includes equivalency):

652

29.3%

29.0%

Some college, no degree:

560

25.2%

20.6%

Associate degree:

141

6.3%

7.5%

Bachelor's degree:

325

14.6%

17.6%

Graduate or professional degree:

3.2%

10.3%

Percent high school graduate or higher:

78.6%

85.0%

Percent bachelor's degree or higher:

17.8%

27.9%

Income Information (56277 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

1,276

40.0%

50.4%

Median income:

$26,061 / yr.

$27,932 / yr.

Full-time, year-round workers:

681

21.3%

59.7%

Median income:

$33,277 / yr.

$38,349 / yr.

Females 15 years and over with income:

1,222

38.3%

49.6%

Median income:

$13,125 / yr.

$16,327 / yr.

Full-time, year-round workers:

331

10.4%

40.3%

Median income:

$25,096 / yr.

$28,135 / yr.

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